Home English Gavà Hosts th...

Gavà Hosts the Largest Urban Development Project in Barcelona

The Ponent plan entails a combined investment of more than one billion euros over a 15-year implementation period, carried out with public and private financing.

The municipality of Gavà is hosting one of the largest urban development operations in Catalonia through what is known as the Ponent plan. The project is already underway and will involve the construction of 4,800 new public-private homes. In total, the project will require a combined investment of more than one billion euros over a 15-year implementation period, carried out with both public and private financing. The Ponent plan envisages the development of almost 2,000 public housing units – 40% of the total – and other builds, such as a new health centre, a Renfe railway station and a station for the future Delta Metro.

However, the operation is also surrounded by controversy, as several environmental groups have announced that they would file lawsuits to stop it. The mayor of Gavá, Raquel Sánchez, has stressed that 85% of the land in the project is non-residential, including five large parks totalling 113 hectares, representing 61% of the 176 hectares of the sector.

Read the full article in Spanish

B-Exclusives

The Largest Players in Housing Sales and Rentals in Madrid

The big data platform Brainsre has conducted a study to determine the leading real estate brokerage firms that dominate the supply of housing for sale and rent in Madrid and its neighbourhoods.

The Leaders of Spain’s Rental Housing Market

Engel & Volkers, aProperties and Spotahome lead Spain’s rental housing market by volume, according to Brainsre data.

Increased Demand for Houses in Madrid Leaves Supply at Six-Year Low

The demand for houses in Madrid following the coronavirus pandemic reduced supply by 28% in 2020, with interest concentrated on the city’s periphery. However, Moncloa-Aravaca still has the most detached properties for sale in the capital, according to Brainsre.

Latest news

How Merlin, Intu, Unibail and Redevco See the Future of Shopping Centres

Changes in use, rents, co-existence with online sales and a very different relationship with their tenants. Large retailers are evaluating the impact of the crisis on their businesses, albeit with optimism.

INE: Housing Sales Up by More Than 30% in March

 According to a report published Friday by Spain’s National Statistics Institute, the figure has returned to its highest point since July 2019.

Bankinter Finalises Acquisition of Montepino’s Logistics Portfolio

With the transaction, Bankinter has created the largest logistics real estate socimi in Spain, with a portfolio of 865,000 square metres and €1.2 billion in projects under development.